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Vega Reederei makes quick profit on boxship newbuildings in resale deal with CMA CGM – Splash247

Vega Reederei has almost doubled its money on the resale of four containerships to French liner CMA CGM, currently under construction at China’s Yangfan Group. 

According to London-based Braemar ACM, the German owner has gained about $44.5m for each of the 1,900 teu ships, resulting in an $86m profit for the quartet.

The Hamburg-based company booked four newbuildings at Yangfan in May last year for a reported price of $23m. The vessels were scheduled for delivery in Q4 2022 and early 2023. 

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